Does Boehner realize that someday he will be old, too?
To the editor:
Sounds to me like Republican House Speaker John Boehner doesn’t understand that he may get old some day, too. Of course he’s got plenty of money, so he doesn’t have to worry.
Why keep taking away from the older people? They want to mess with their Medicare and Social Security. Haven’t they taken away enough from these two items?
And why is it so hard to give someone on unemployment a little money to get along with? This has always been a problem for the Republicans. These people really need the money, and there should not be any problem there.
Why is there such a problem with the “fiscal cliff?” The middle class need help.
My opinion — it is going to work out fine in the end, and Boehner is going to make it look like he and his party did such a wonderful thing in getting it passed. Give President Obama credit.
Keep your chins up people, and don’t worry. Everything is going to be all right.
Just pray a little. Stop sending our money overseas. Keep it here for people who need it.
Mixed signals from GOP on tax increase issue
To the editor:
The National Taxpayers Union has placed the history of federal individual income, top-bracket tax rates since 1913 on the Internet.
The all-time high top bracket rate was 94 percent in 1944 and 1945. The all-time low was 7 percent in 1913, 1914 and 1915. During this 100-year period, the top bracket rate was changed by Congress 35 times and the average top bracket rate for the entire 100 years was 58.97385 percent.
For 74 years since 1913, the top bracket rate was above 35 percent. The current nominal rate is 35 percent. For 10 years since 1913, the top bracket rate was 35 percent. For 15 years since 1913, the top bracket rate was below 35 percent.
The American economy not only survived, but also thrived during most of the years that the top bracket rate was above 35 percent.
Mr. Grover Norquist, the founder of Americans for Tax Reform, was at one time the executive director of the National Taxpayers Union. Prior to the 2012 election, 238 of the 242 House Republicans and 41 of the 47 Senate Republicans had signed the Taxpayer Protection Pledge offered by Americans for Tax Reform. These signers promised to “oppose any and all efforts to increase the marginal income tax rate for individuals and business; and to oppose any net reduction or elimination of deductions and credits, unless matched dollar for dollar by further reducing tax rates.”